Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

Prairie Home

Learn about the people, housing, costs and businesses in Prairie Home, Missouri

Median Home$226,200
Median Rent$850/month
Population271
Leading IndustriesConstruction · Public Administration · Agriculture & Mining7% construction
Home Value Growth⬆⬆+18.1% over 2 years
Family-Friendly22% of residents
Homeowners88% of occupied units
NotableHigh Incomes$91k/year · top 23% nationally
Prairie Home
MO

Frequently Asked Questions

What are today's mortgage rates in Prairie Home?

As of today, the 30-year fixed mortgage rate for Prairie Home is approximately 7.046% (7.087% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

View current rates for Prairie Home
What is the median home price in Prairie Home?

The median home value in Prairie Home is $226k. The median monthly rent is $850. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Prairie Home?

Home values in Prairie Home have increased 18.1% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Prairie Home?

Based on a typical all-in ownership cost of $840/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $36k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Prairie Home is $91k/year.

Calculate your buying power
What industries drive the economy in Prairie Home?

The largest employment sectors in Prairie Home are public administration (28%) and retail (9%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.